CNBC Economy / Updates
- Russia says its economy is strong. It just fired a top economist who warned otherwise August 18, 2026Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine.
- Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4% August 14, 2026The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
- AI’s costly build-out complicates the Fed’s inflation fight August 13, 2026Tech leaders say AI will drive down costs. But slow corporate adoption and the data center build-out create inflation pressures that complicate the Fed’s job.